Suharto Is Admitted to Hospital;
Rumors of Stroke Worry Markets

By

Jay Solomon and

Puspa Madani Staff Reporter of The Wall Street Journal

Updated July 21, 1999 12:01 a.m. ET

JAKARTA, Indonesia -- Former Indonesian President Suharto was admitted to a Jakarta hospital amid conflicting reports about his health, potentially clouding the nation's already-uncertain political picture.

Parliamentary elections held June 7 have yet to produce a clear front-runner for the presidency, and the 78-year-old Mr. Suharto is seen as a key, though behind-the-scenes, arbiter in a political transition. Financial markets, which have rallied strongly in recent weeks, responded cautiously to the news with the rupiah...